Hedera, Stellar, Algorand, prices on which Bitcoin hover over 84K dollars

Cryptocurrency prices were stabilized on the first day of the month after they suddenly double digits on Friday, before the Bitcoin option expires.

Hedera hashgraph (Hbar) The price led the accusation among Altcoys, increasing by 25% on Saturday.

Stellar Lumen (KLM) increased by 16%, while Algoranda (Algo) and onting finance (Indicate) increased by over 15%.

These Altcoins jumped after bitcoin (Btc) Bounce back above $ 85,000 after falling to $ 78.15 on Friday. She was disappeared after the valuable over 5 billion dollars expired on the last day of the month and feeling calmly spreads on the market, with American actors that ends the day bigger.

The Dow Jones Industrial Prosess rose 600 points, while Native is 100 and S & P 500 gathered with 95 and 300 points. CRIPTOCURRENCE CRATES often have close correlation with the American stock market.

There was no special news about the above mixes on Saturday, like Hedera Hashgrapha, Algorand, Stellar Lumen, and Ondo Finance.

The potential catalyst for Hedera and Stellar Lumen is that the Securities Commission became a friendly on the crypto industry. He completes his lawsuits about Gemini, Coinbase and Uniswap and in conversation he was with Justin Sunk to end or settle his lawsuit.

Therefore, analysts predict that moment will be moved to approve a place Cripto ETFS Like Litecoin (LTC), Hedera and Stellar. Approval ETF would potentially lead to more inflows, strengthening their prices.

Another potential reason for HBAR, ALGO, ONDO and STELLAR MITING is that investors buy DIP, because everyone trades on its lowest levels in months. It is a common situation for investors to buy a flood after the fall of property.

In addition, this leap can be part of a dead cat bounce, common situation in the market where a means in a free PASIC that experiences a short jump. Also known as a taurus trap, it is usually a temporary jump before the property continued to fall.

HEDERA HASHGRAPH Price price analysis

The daily card shows that the HBAR is the price of the bottom to 0.1807 USD this week and then bounced to 0.2360 dollars. He moved slightly above the 25-day moving average, while the two percent of the percentage of the price pointed out above.

Therefore, Hedera can continue to increase how the bulls are targeting the following key resistance to 0.2586 USD, 38.2% fibonacci residue in January and lowest swing in January.

Algorand Technical price analysis

The algoran price consolidated in the last few days. Moved below the 50-day average movement, a sign that bears remain in control. Algo remains below the point of 61.8% and formed a sample of the head and shoulders. H & S Sample is one of the most important characters in the market.

Therefore, the coin will probably have a strong bear breakdown and find a psychological point to $ 0.20.

Stellar Contra

XLM price rewritten at $ 0.6360 24. November last year, then on Saturday the bottom of the bottom to 0.2537 USD. He formed a series of lower and lower high and lower high channels, resulting in the channel that fall. He repeated the lower side of this channel on Friday and formed a small breastfeeding candle. Therefore, the coin will probably refuse until the bulls target the upper side of the channel to $ 0.35.

Ondo prediction of prices

Ondo token reached $ 2.1590 in December and now it is at a psychological place to $ 1. There was below 50-day movements and 61.8% of the Fibonacci’s point.

The token formed a sample of heads and shoulders, pointing to more missing, potentially on a psychological point to $ 0.80.

At the time of pressure, Bitcoin rose 2.7%, it was traded from $ 84,536. Descends to 22.4% of their all time.